Replying to Avatar The Beave

I suppose gold could be used again, but that will just drive gold demand up, which wouldn't be too terrible, except in sure they will limit the CBDC to hard money ramps, if not outright eliminate them for anyone else.
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Low Information Voter 1y ago

Yup.

But many commodities can serve as money, albeit inefficiently. Rum in Colonial Australia. Tide laundry detergent among 1980s Food Stamps recipients in California.

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The Beave 1y ago

Yes. But that's not as efficient as a fat stack of $100 bills.

I just am concerned that I'm missing something simple and effective.